In the headlines today, we have the Georgian central bank stepping up their efforts to regulate local crypto firms through an Anti-Money Laundering (AML) probe. Crypto.com has also made strides by securing a license as a payment institution in Singapore. Another key development is Deutsche Telekom, the German telecommunication giant, plugging into the blockchain as a validator for Polygon. The European Union might soon classify all cryptocurrencies as securities. This significant shift in regulation could redefine cryptocurrency operations within the EU. We've also seen PayPal showing its growing interest in the crypto world by investing in a new wallet service. Finally, in Canada, Kraken has reported a 25% rise in customer deposits following Binance's departure.
